Business

Karachi: The Exchange Companies Association of Pakistan (ECAP) released the open market closing exchange rates for June 16, 2025, indicating slight changes in currency values. The data, sourced from the State Bank of Pakistan, highlighted minor fluctu...

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has voiced its disappointment over the State Bank of Pakistan's (SBP) decision to keep the policy rate steady at 11 percent. KCCI President Muhammad Jawed Bilwani described the move as overl...

Karachi: The Pakistan Credit Rating Agency (PACRA) has upheld the entity ratings of Meskay and Femtee Trading Company (Pvt.) Ltd., a key player in the rice export sector. The decision reflects the company’s notable standing in the national market, bac...

KARACHI: The Korangi Association of Trade and Industry (KATI) has labeled the State Bank of Pakistan's decision to maintain its policy rate at 11% as a temporary measure in response to current global and regional challenges. Junaid Naqi, the KATI Pres...

Karachi: Business and industry leaders in Pakistan have expressed their dissatisfaction with the State Bank of Pakistan's decision to maintain the current policy rate, citing concerns over its disconnect with the nation's inflation figures and economi...

Islamabad: PTCL Group, the leading telecommunication and digital services provider in Pakistan, has partnered with TPL Insurance to introduce a financial guarantee system. This initiative is designed to facilitate the adoption of digital tools, handhe...

Karachi: Pakistan's leading telecommunication provider, PTCL Group, has announced a partnership with TPL Insurance to introduce a new financial guarantee system aimed at facilitating the adoption of digital tools and equipment across various industrie...